Thứ Tư, 5 tháng 7, 2017

Why Ho Chi Minh City
is a Favourite Destination for Setting up Business?

Ho Chi Minh City offers
many benefits for foreign companies to do business and invest.

The population of Ho Chi
Minh City is of more than 10 mil, earning a higher average income than other
part of the country. Consumer retail has found Ho Chi Minh City as an
attractive market for investment in retail shops, malls, introducing quality
consumer goods to the local.

Ho Chi Minh City offers
adequate infrastructure such as the Sai Gon port systems, deep seaport access
from Vung Tau port systems, Tan Son Nhat international airport, and possible
Long Thanh international airport project, Saigon railway station, the
expressways, etc, connecting the city to neighbouring countries in the region
and other part of the world. Through setting up factories in industrial
zones, processing zones, local and international manufacturing companies could
take advantage of high quality labor resources at reasonable cost and move the
finished goods to final destinations in US, EU with reasonable lead-time and
expenses. Consequently, the city has become leading industrial city of
Vietnam, contributing more than 30% industrial production, 30% GPD and 30%
national income to the country’s total.

Ho Chi Minh City is also a financial center, which the biggest
stock exchange is located. Many corporations, and investment companies
has chosen Ho Chi Minh City to set-up management and investment offices to
search for opportunities, conduct Merger and Acquisitions and other business transactions, to leverage the annual
growth of the country at more than 6%.

At the same time, the
city government has been improving policies to support the removal of
difficulties for foreign-invested enterprises investing in Vietnam through fixing administrative
procedures to shorten the administrative process, saving time for investors,
offering “one-stop” mechanism at the main state agencies.

Our professional consultants and lawyers have assisted a number of
foreign companies and individuals to conduct transactions, set-up companies, make investment through M&A, and actively involve in the
development of Ho Chi Minh City in particular and the whole country.